Examlex
For purposes of the application of the passive loss limitations,a closely held C corporation is a C corporation where more than 50 percent of the stock is owned by five or fewer individuals at any time during the last half of the taxable year.
Expected Value
The long-term average or mean of random variables, taking into account all possible outcomes weighted by their probabilities.
Binomial Experiment
A statistical experiment that has exactly two possible outcomes for each trial and a fixed number of trials, where the probability of success is constant.
Variance
A measure of the spread or dispersion of a set of data points around the mean, indicating how much the data values differ from the average value.
Probability Distribution
A mathematical function that provides the probabilities of occurrence of different possible outcomes for an experiment.
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